Freightos

DECEMBER 19, 2023

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. 18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen.

Freight 245

Freight Negotiating Skills Yemen 245

Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. Container shipping costs are usually shockingly low.

Global 392

Global Supply Chain Price Reduction Supply and Demand 392

GlobalTranz

DECEMBER 30, 2021

2021 will be remembered as an unprecedented year of supply chain disruption and market volatility creating a host of challenges for shippers and carriers alike. Without further ado, here are GlobalTranz’s top posts of 2021: #1. New Survey Highlights Confidence in Supply Chain Operations Despite Challenges.

Cost Reduction Strategies 239

Cost Reduction Strategies Resource Reduction Supply Chain Planning Software Supply Chain Strategy 239

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this.

Study 246

Study Forecasting Software Freight Logistics Network Optimization Software 246

Supply Chain Movement

DECEMBER 10, 2021

Mainstream news reports are full of claims that supply chains are broken, citing widespread product shortages, overflowing ports and spiking freight costs. But perhaps there is another way to understand what is happening: supply chains are hyper-efficient and are adapting. . It’s more a story of demand.

Supply and Demand 144

Supply and Demand Supply Chain Planning Software Demand Planning Software Supply Chain Planning 144

Freightos

JULY 22, 2021

If you were building a house in 2021, things got rough. The cost of lumber skyrocketed from $354 / 1000 board feet in May 2020 up to $1,683 in May 2021 1. Yes, unprecedented consumer demand, and ample money to spend, have continued to push prices and inflation indicators up. But it’s not just demand.

Shipping 157

Shipping Asia Logistics Network Optimization Software Freight 157

Freightos

FEBRUARY 28, 2022

Which brings us to international freight. trillion dollars in 2021 , up 13% from 2019. This did not come without its own major COVID-driven supply chain challenges. It’s challenging to get fixed prices for global freight. The financial impact of global trade has always been enormous but never more so than today.

Negotiating Skills 177

Negotiating Skills Shipping Price Reduction Supply Chain Planning 177

E2open

JANUARY 19, 2023

Latest report highlights how lessened demand for goods from Asia has continued to reduce port congestion, resulting in an average eight-day decrease in total time from booking to receipt compared to the year-ago period. Companies can use this data to make informed decisions on when to book ocean freight.

Logistics Network Optimization Software 148

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Demand Planning Software 148

Freightos

APRIL 25, 2024

e-commerce customers’ love for free shipping. ‘de minimis’ rule, which exempts imports under $800 from customs and makes brokerage fees minimal, they have shipped massive volumes via air cargo. From Q3 2021 to early 2022, Freightos Air Index China-U.S. Utilizing the U.S. These rates dipped to around $3.50/kg

Cargo 219

Cargo Cost Reduction Strategies Price Reduction Material Savings 219

Supply Chain Shaman

DECEMBER 30, 2021

I seethed as the news stations celebrated supply chain success for the December holidays. Global shipping is national news with most stories covering the symptoms. The health of the supply chain underpins our economy. When the supply chain is sick, all industries suffer. Freight Rates 2019-2021.

Supply Chain Design Software 458

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 458

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial. One master of freight procurement is Kyle Masters. They are vertically integrated.

Procurement Solutions 206

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 206

GlobalTranz

DECEMBER 21, 2020

For 2021, expect the Less Than Truckload (LTL) freight market to remain volatile due to the impact of COVID-19. Many LTL industry trends, such as capacity constraints , rising rates, and changing consumer buying patterns, will continue through 2021. Let’s look at top LTL industry trends for 2021.

Trends 156

Trends Logistics Network Optimization Software Industrial Industry 156

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Hazardous freight is the most likely to get “rolled” at the dock. Time For Action.

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 315

Logistics Viewpoints

DECEMBER 6, 2023

And Logistics Viewpoints has a history of its own supply chain predictions for the year ahead. My colleagues and I will likely publish a detailed list of predictions related to supply chain operations and technology. This volatility has increased public and corporate attention and appreciation for supply chain and logistics.

Predictive Analytics Software 270

Predictive Analytics Software GEP Supply Chain Software Price Reduction 270

ShipBob

JULY 14, 2022

Or are some parts of your supply chain a bit…opaque? We get it, the global supply chain can be a tough topic to tackle, especially when you’re also trying to develop a new widget and expand your presence in a key market — all while keeping the lights on. In today’s hyper-connected world, freight forwarding can seem like a lone holdout.

China 98

China Freight Shipping Modeling 98

The Logistics & Supply Chain Management Society

OCTOBER 15, 2021

IQAX is an independent entity with a deep understanding of ocean shipping and a strong heritage in global trade digitalisation and logistics visibility. Such complexities really need new solutions and smart features to help shippers gain control and manage their supply chains” continued Rajesh Sidhu. “ People and Halal Supply Chains.

Supply Chain Design Software 244

Supply Chain Design Software Logistics Network Optimization Software Analytics Software Predictive Analytics Software 244

Freightos

OCTOBER 31, 2022

Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. It also provides four key insights into how importers and exporters can modify their supply chain planning as a result. But then global freight kicked in. .

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

It’s hard to predict what demand will be like for products like these ahead of time. But decisions about how many barrels to produce or how many ships to sail have to be made in advance. And if not, why have prices been skyrocketing when demand is not? Is ocean freight pricing broken? Was it profiteering? Enter COVID-19.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

The Logistics & Supply Chain Management Society

JANUARY 14, 2021

Consumers demand more transparency, governments wish to ensure homeland security, and supply chain stakeholders are seeking higher levels of visibility for optimisation and increased resiliency. Supply chain and logistics are at the centre of our economy. In Q1 2020, around 50% of global supply chains were impacted by the virus.

Supply Chain Design Software 244

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling Software 244

The Logistics of Logistics

APRIL 21, 2023

Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Forecasting Software Freight Network Design Software 197

Supply Chain Shaman

MARCH 21, 2022

As I spent the time reflecting over the last three weeks, the number of articles streaming into my feed on supply chain implications was high, but most of them were wrong. Some stated that the war marks the end of the global supply chain. By definition, this requires a global supply chain. My response is “Hogwash.”

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

The Logistics & Supply Chain Management Society

JUNE 14, 2023

5 Immediate Impacts of the Ocean Shipping Reform Act of 2022 By Nat Josef Just when it seemed like bipartisanship was going the way of the dinosaurs, Congress recently came together to pass the Ocean Shipping Reform Act of 2022, which President Biden signed into law on June 16th. Amy Klobuchar (D-Minn.) and John Thune (R-S.D.)

Supply Chain Design Software 130

Supply Chain Design Software Shipping Logistics Network Optimization Software Forecasting Software 130

Logistics Bureau

DECEMBER 6, 2021

However, freight shipping is the one activity that presents significant barriers to overseas-market entry, as you may have discovered if your business is starting to look across international borders for its next step in expansion. Container Shipping Can be Tough for SMEs. Challenge #1: High Costs and Confusing Pricing.

Freight 76

Freight Shipping Buyer Training Logistics Network Optimization Software 76

Logistics Viewpoints

MAY 10, 2024

It’s more than doubled the number of robots deployed in its fulfillment centers and warehouses in the last three years, from 350,000 in 2021 to 750,000 by last June. Walmart recently established its latest high-tech consolidation center in Illinois, marking a significant addition to its supply chain infrastructure.

Logistics Network Optimization Software 226

Logistics Network Optimization Software Mexico Minnesota Logistics 226

ToolsGroup

APRIL 1, 2022

Will the supply chain ever catch a break? With every link of the supply chain impacting businesses both large and small, keeping up with the globally disrupted supply chain evolution is a recipe for whiplash. Statistics covered in the article include: How the Supply Chain Crisis is Impacting Businesses and Consumers.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

JULY 15, 2021

The Supply Chain Leader In The Middle Of The Pandemic. I loved the summary in the Economist article published on July 3, 2021, The Long Goodbye to COVID 19. Today’s supply chains assume that logistics is readily available. The rude awakening is that Supply Chain Leaders have no ability to manage logistics as a constraint.

Supply Chain Design Software 370

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 370

Logility

DECEMBER 20, 2022

We know our clients need more and more ways to take control of their supply chain operations, end to end. Check out four of the areas we’re advising our clients to be thinking about heading into the New Year, to help prepare their supply chain for 2023. . A surplus of ships is likely 3. A surplus of ships is likely 3.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 130

Logistics Viewpoints

AUGUST 2, 2023

percent of the nation’s freight by weight. And just how much is that freight weight? billion tons of freight (primary shipments only) was transported by trucks in 2022. million single-unit (2-axle, 6-tire or more) and combination trucks registered in 2021, representing 5 percent of all motor vehicles registered.

Transportation 194

Transportation Expense Reduction Freight Cost Reduction Strategies 194

The Logistics of Logistics

MARCH 3, 2023

Gary Nemmers , Martyn Verhaegen and Joe Lynch discuss digital freight forwarding – and the importance of a modern, data-driven logistics software platform to optimize every step of the freight forwarding process. Freight forwarding is one of the most difficult services within the logistics industry.

Supply Chain Design Software 185

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Freight 185

Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. The peak disruption was in December 2021. Tougher than most understand.

Supply Chain Planning Software 408

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 408

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Hazardous freight is the most likely to get “rolled” at the dock. Time For Action.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Hazardous freight is the most likely to get “rolled” at the dock. Time For Action.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Logistics Viewpoints

OCTOBER 6, 2021

Supply chain is once again front-page news in the general business media. Meanwhile, supply shortages and price inflation are getting the front page in consumer-focused publications and plenty of airtime on televised news. I believe there are many reasons for the current supply shortages and supply chain disruptions.

Supply Chain Disruption 216

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 216

Talking Logistics

JULY 23, 2021

At mile 16, I learned that Uber Freight is acquiring Transplace (a Talking Logistics sponsor). Read more Above the Fold: Supply Chain Logistics News (July 23, 2021). The post Above the Fold: Supply Chain Logistics News (July 23, 2021) appeared first on Talking Logistics with Adrian Gonzalez.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Logistics Training 130

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The global supply chain industry has by default, a large environmental impact, through its carbon footprint. We are committed to preparing the supply chains of the future. In addition, CEVA Logistics was also appointed by General Motors (GM) to manage its entire ventilator production supply chain in support of the U.S.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

The Logistics & Supply Chain Management Society

MARCH 22, 2022

How Shipping Can Help Save The Planet. But to be honest, the shipping industry is as much of a culprit. If we take a closer look, we can see that global aviation, including domestic and international; passenger and freight accounts for 2.5% of the world’s carbon emissions. Size Matters.

Expense Reduction 245

Expense Reduction Cost Reduction Strategies Shipping Resource Reduction 245